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Comparative Overview of Project, Program, and Portfolio Management
Projectis a temporary endeavor undertaken to create a unique product, service, or result.Programis a group of related projects managed in a coordinated way to obtainbenefits and control not available from managing them individually. Programs may include elements of related work (e.g., ongoing operations) outside the scope of the discrete projects in a program. Portfoliois a collection of projects (temporary endeavors undertaken to create a unique product, service, or result) and/or programs (a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually) and other work that are grouped together to facilitate the effective management of that work to meet strategic business objectives. Thecomponents of a portfolio are quantifiable; that is, they can be measured, ranked, and prioritized. Comparative Overview of Project, Program, and Portfolio Management  An Organizational Context of Portfolio Management  Portfolio Relationships—Example  Source: | ||||
Category: PMP | Added by: admin (2008-12-03)
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